Exclusive: Coles says plan ‘benefits suppliers’ but senator Nick McKim calls move ‘blatant abuse of power’ that will ‘hit smaller suppliers hardest’
Coles has told suppliers they must sign an agreement to pay for freight costs if they want their products to be stocked in the company’s new range, as the supermarket looks to increase its profits.
The company has detailed the plans in a brief sent to suppliers, seen by Guardian Australia, alerting them to a “major” range review, which Coles says will allow it to “implement meaningful new lines” of products to “excite and delight” customers.
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